Monthly Archives: August 2026
Apple reaches historic union labour agreement with retail workers
Written on August 20, 2026 at 2:22 am, by josephine
Apple (Symbol: AAPL) has entered into a historic preliminary labour agreement with its retail workers in Towson, Maryland. This is the first time that the tech giant has reached such a deal in the United States, marking a significant milestone in labour relations for the company.
Meme stock AMC drops on disappointing Q2 guidance and industry challenges
Written on August 20, 2026 at 2:21 am, by josephine
AMC stock (AMC) fell 7.7% after issuing disappointing guidance for the second quarter of 2024. The company anticipates a net loss of $32.8 million, translating to a loss of 10 cents per share.
Rupee likely to stay near record lows due to high dollar demand
Written on August 20, 2026 at 2:21 am, by josephine
The Indian rupee faces renewed pressure this week, with traders expecting it to stay near its record low against the U.S. dollar. The rupee closed last week at 83.7275, its weakest level ever, and non-deliverable forwards suggest it will open around 83.71-83.72 per dollar on Monday.
Yen dips as Nikkei rises, central bank meetings near
Written on August 20, 2026 at 2:21 am, by josephine
Key points: On Monday, the yen ticked lower, easing to 154.24 yen against the dollar early in the Asian trading day, a 0.29% rise for the dollar after the yen’s recent surge to 151.945, its strongest in 12 weeks. This shift comes after the yen’s remarkable performance last week, where it gained 2.36% against the Continue Reading
Dollar and yen remain steady as markets await BOJ and Fed decisions
Written on August 20, 2026 at 2:21 am, by josephine
The Japanese yen took a breather from its recent rally as the BOJ began its two-day meeting on Tuesday. Last week, the yen surged over 2% against the dollar.
Gold remains sluggish as Fed meeting approaches
Written on August 20, 2026 at 2:21 am, by josephine
Spot gold was down 0.1% at $2,380.31 per ounce, as of 0156 GMT. U.S. gold futures were little changed at $2,377.30.
Rupee to decline alongside Asian currency weakness and central bank decisions
Written on August 20, 2026 at 2:21 am, by josephine
Indian rupee likely to maintain a depreciation bias as Asian currencies slip and focus shifts to central bank policy decisions.
Oil prices dip on China demand concerns and eased Middle East tensions
Written on August 20, 2026 at 2:20 am, by josephine
Oil prices fall as weak Chinese demand and reduced Middle East conflict concerns pressured the price of the black gold. Read more for the market outlook and forecast.
Emerging Asian currencies and stocks surge anticipating Fed decision
Written on August 20, 2026 at 2:20 am, by josephine
Emerging Asian currencies and stocks experienced gains on Wednesday as traders awaited the US Federal Reserve’s policy decision. The South Korean won and the Thai baht led the way among currencies, rising by 0.6% and 0.5%, respectively.
Australian dollar drops to 3-month low as market anticipates rate cuts
Written on August 20, 2026 at 2:20 am, by josephine
The Australian dollar fell to a three-month low on Wednesday following a softer reading on core inflation. This change in data dampened expectations for further rate hikes and caused a surge in bond futures.
